Li and Fung Files Paperwork to Spin Off Global Brands
Li & Fung Limited took a step closer to spinning off its global brands and licensing segment Thursday when it filed an application to list shares of that business as a separate stock with the Hong Kong Stock Exchange. The company also disclosed several ch
National Footwear Cares Month Sets Benchmark for Industry Volunteerism
National Footwear Cares Month, the country’s first-ever industry-wide, month-long community service campaign, during April saw more than 6,500 employees from 100 footwear companies donate countless hours to dozens of national, regional and local non
J.C. Penney Posts Steep Loss in Q1
JC Penney Co. reported a loss of net loss of $352 million, or $1.15 a share, in the first quarter but it exceeded the $1.26 consensus expected by Wall Street. Same store sales increase 6.2 percent…
Dillard’s Q1 Net Dips Slightly
Dillard's Inc. reported first-quarter earnings slid to $111.7 million, or $2.56 a share, from $117.2 million, or $2.50 a year ago…
Nordstrom Q1 Earnings Exceed Outlook
Nordstrom, Inc. reported earnings per diluted share of 72 cents for the first quarter ended May 3, 2014, which exceeded the company’s prior outlook of 60 to 70 cents. Comps were ahead 3.9 percent. Nordstrom said it continued its progress in executin
Dankso Hires New England Rep as National Sales Manager
Dansko announced that Glenn McCracken will transition into the national sales manager position and Julie Foy has joined the company as national accounts manager…
Black Diamond Equipment Sponsors Mountain Project App
Black Diamond Equipment is sponsoring Mountain Project's current paid mobile application as part of a partnership that makes it available for free…
Whistler Blackcomb Says Fewer Guests Spent More on Retail in 2013/14
Whistler Blackcomb Holdings Inc. reported guest spending increased at its retail, rental and ski school businesses despite lower ticket sales for the three and six months ended March 31, 2014, thanks in part to a higher proportion of destination guests. R
Colt Hosts Investor Conference Call on 2014 First Quarter Financials
Colt Defense LLC (the “Company”) announced that it will host an investor conference call on Thursday, May 15, 2014 at 10:00 a.m. Eastern Time to discuss 2014 first quarter financial results…
Bregal Partners Wants to Invest $100M in Enthusiast Brands This Year
Bregal Partners, which acquired Shock Doctor last month, hopes to invest most of the $100 million it has set aside to invest in enthusiast consumer brands by the end of this year, according to Co-Founder and Managing Partner Robert Bergmann. The sporting
Julbo USA Sponsors New Ultra Runner Series
Julbo USA has joined Salomon and La Sportiva as a key sponsor of the U.S. Skyrunner Series, a new ultra-running series that kicks off May 16 with the Cruel Jewel 56-km race in Georgia. Julbo athlete and top ultrarunner Ian Sharman is directing the series,
AAFA Releases New Edition of Restricted Substances List
The American Apparel & Footwear Association (AAFA) released the fourteenth edition of the AAFA Restricted Substances List (RSL), covering apparel, footwear, travel goods, home textiles, and other fashion accessories in conjunction with its International P
Cocona Qualifies for Up to $10,000 in Rebates from City of Boulder
Cocona Inc. could recover up to $10,000 in sales and use taxes, and permit-related fees it pays to the City of Boulder under a flexible rebate program application approved by the City Manager Jane Brautigam…
Puma Revenues Stabilize in Q1, Turnaround Ensues
Puma, which is undergoing a turnaround plan that includes reconnecting with its sports heritage, appears to have seen some stabilization on its top-line in the first quarter, with currency-neutral (c-n) sales slipping 0.5 percent versus a decline of 4.7 p
Speedo, Otholite Partner on New Triathlon/Water Shoe
Speedo USA has entered a two-year partnership with Ortholite that calls for the company to provide its insoles for use in Speedo USA’s new, all-terrain shoe the FST, which Speedo launched this spring for triathlon, trail running, and any activity in
